Tagged: China

Kissing profits GOODBYE

On horrible days like today for those long….At least you don’t look like me :) . No hiding the losses today for us trend followers. WHOOOOO MAMA. Nothing funny about people losing money especially when it’s your own. But Let’s face it, Chinese IPO’s a dime a dozen, and Brazil and Mexico ETF’s behaving like …

China DID Blow a Top

Last night China was down 9 percent. The smart money has been selling. It’s good fot the shorts and great for CNBC. They have had nothing but Cramer to help with ratings. Now there is a chance that one of the old timers gets punched on the exchange floor. I may just watch today. Bob …

China BLOWS – a top?

I am with The Chairman on this one. He has seen thousands of these as have I. You have to concede at the very least, that you are not an “asstard” to be booking profuits. Reason 1004 that I am getting off margin (now off) and reducing some positions. Disclosure, Long BIDU and short FDX, …